Comment on the May 26 prediction: CORRECT, as prices did “drop slowly” that week, enough to create the conditions for a reset back to $3.29 last Monday.
Saturday, June 7, 2025, 6 PM: We’ve been $62ish for oil and $1.99ish for publicly-traded wholesale gas for several weeks now, leading to prices jumping to $3.39, then sliding towards $2.99, and then back to $3.39 multiple times. The last few days, oil is up towards $65 (in tandem with the SP 500 returning to 6000), pulling wholesale gas prices higher, and driving around Grand Rapids today, I didn’t see much of an interest in prices heading back to $2.99. I predict we will see $3.49 this week. -EA